Co-presented by

U.S. producers harmed by wooden cabinet imports from China - trade panel

 U.S. producers harmed by wooden cabinet imports from China - trade panel

WASHINGTON(Reuters) - The U.S. International Trade Commission said on Friday it had determined that imports of wooden cabinets from China are harming American producers, keeping alive a trade investigation that could lead to tariffs on the products.

The preliminary findings by the trade panel mean the U.S. Commerce Department will move ahead with an investigation into whether Chinese wooden cabinets, vanities and components are unfairly subsidized or sold in the U.S. market at less than fair value.

If the Commerce Department determines the products are unfairly subsidized or dumped on the U.S. market, and the ITC upholds its finding of harm, the United States would impose tariffs on the imports for a period of five years.

The United States imported some $4.4 billion worth of wooden cabinets, vanities and their components from China in 2018. The trade investigation was launched in March based on petitions from the American Kitchen Cabinet Alliance.

(Reporting by Tim Ahmann; editing by Grant McCool)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Your guide to the latest seat tally, live updates, analysis and list of winners for Lok Sabha Elections 2019 on Follow us on Twitter and Instagram or like our Instagram or like our Facebook page for updates from all 542 constituencies on counting day of the general elections.

Updated Date: Apr 20, 2019 00:05:14 IST